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Feb. 24.    Stafford loans:  $5000 each 5% interest (compounding monthly)  Know the.

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Presentation on theme: "Feb. 24.    Stafford loans:  $5000 each 5% interest (compounding monthly)  Know the."— Presentation transcript:

1 Feb. 24

2    Stafford loans:  $5000 each 5% interest (compounding monthly)  Know the difference:  Subsidized  Unsubsidized  Perkins Loans:  Federal $$  Need-based  Lower interest  “Forgiveness” options (service careers) Financing College: Loans

3   Scholarships/grants  In-school  Community  Not just “contests:”  A few hours work = GREAT payoff later  Scholarships/grants = free (aside from application)  Careful: HARD WORK ahead  Know your goals. College is an expensive way to “find yourself.”  Thick skin: 9/10 scholarship apps will be denied.  Keep it up!! “Free” money = BETTER

4   Brainstorm with neighbor and report out: Benefits of Scholarships

5   Find a VIABLE scholarship application  Eligible (except for year)  Find all necessary info (including writing essays or short answer)  Fill in all necessary info like it’s FOR REAL  Print off and turn in. Keep a copy for yourself. Assignment: Due by March 6/7

6   Keep a running list of items that you didn’t have available.  Keep a copy of the application (s).  Start organizing your scholarship search (assembly line):  Folders (physical or online)  Due dates  Transcripts (official and unofficial); update often  Start “priming the pump” for recommendations from teachers, counselors, community members  Fill out Senior Bio Profile; update often  Complete a resume  Revise personal essay; write several drafts of prompts Reflection on Assignment

7   Silbaugh’s TeacherWeb: qr1.aspx qr1.aspx  CPHS Career Resource Center/Dixon’s Website: C/apt1.stm C/apt1.stm      Resources


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